https://www.taxtmi.com/caselaws?id=775408 The ITAT Rajkot held that the reopening of assessment u/s 147 was invalid as the AO did not make any addition based on the original reason recorded (cash withdrawal) but instead disallowed deduction u/s 80P(2)(d) on a different ground without proper authority. The AO's expansion of jurisdiction without permission was held to be bad in law. Following precedent, the tribunal deleted the addition under section 80P(2)(d) and allowed the assessee's appeal. en-us Mon, 02 Jun 2025 00:00:00 +0530 Thu, 24 Jul 2025 10:45:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775408 The ITAT Rajkot held that the reopening of assessment u/s 147 was invalid as the AO did not make any addition based on the original reason recorded (cash withdrawal) but instead disallowed deduction u/s 80P(2)(d) on a different ground without proper authority. The AO's expansion of jurisdiction without permission was held to be bad in law. Following precedent, the tribunal deleted the addition under section 80P(2)(d) and allowed the assessee's appeal. Case-Laws Income Tax Mon, 02 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775408